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4845 University Place

Detroit MI 48224

3
1
2074 sq. ft.
0.15 ac.
Single-Family
Currently for sale - view listing

Overview

Add this fully renovated Bungalow to your portfolio. This tenant occupied home is a great investment opportunity for a beginner investor looking to purchase a cash flowing property or for a seasoned investor looking to add to their portfolio. The property has been fully updated and is ready for move-in or a great rental for investment purchase. Home features hard wood floors throughout, new kitchen, updated bathroom. New roof, electric, and plumbing done in 2022. Backyard is fully fenced in with wooden privacy fence. Home has Certificate Of Occupancy valid through 6/01/27 Tenant-occupied and professionally managed by Clara Robinson PA Property Management, offering a seamless transition for the new owner.

Features

3 bedrooms
1 bathroom
2074 sq. ft. floor area
0.15 ac. lot size
Single-Family

Property history for 4845 University Place

2022
Sold
$45,000
07 Oct 2022 by Mikhail Grigoryan, of Detroit Progress Realty LLC

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 397 three-bedroom single-family properties similar to 4845 University Place, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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